Is 30331, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 30331 has remained a Seller's Market.
Key Takeaway
30331 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 30331, GA
How much do homes in 30331, GA cost?
Median Sold Price
$309,242
$161/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 30331 have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in 30331 was $309,242 in March 2024, up 0.9% from last year, and the median price per square foot was $161.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $104K | $71K | -31.7% |
| 2 Bedrooms | $230K | $198.5K | -13.7% |
| 3 Bedrooms | $260K | $270K | +3.8% |
| 4 Bedrooms | $365.7K | $365K | -0.2% |
| 5+ Bedrooms | $475K | $505K | +6.3% |
Summary: 30331 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 31.7%, 2 bedroom homes decreased by 13.7%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 0.2%, and 5+ bedroom homes increased by 6.3%.
Housing Supply in 30331, GA
How many homes are available in 30331, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 342 | 381 | +11.4% |
Summary: The 30331 real estate market had 381 homes for sale in March 2024, a 11.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 22 | 25 | +13.6% |
| 3 Bedrooms | 140 | 162 | +15.7% |
| 4 Bedrooms | 91 | 108 | +18.7% |
| 5+ Bedrooms | 88 | 86 | -2.3% |
Summary: The 30331 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 15.7%, 4 bedroom homes increased by 18.7%, and 5+ bedroom homes decreased by 2.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 60 | 66 | +10.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
17 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 30331, expect to pay close to the asking price. 38.3% of homes here sold near the asking price last month.
Summary: A total of 66 homes were sold or pending in 30331 in March 2024, up by 10.0% month-over-month. Of the 60 sold homes, 33% were sold under asking, 38% were sold at asking, and 28% were sold over asking.
Days on Market for 30331, GA
How long does it take to sell a home in 30331, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 49 Days | 47 Days | -5.5% |
Summary: Homes in 30331 had an average of 47 days on market in Mar 2024, down by 5.5% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 30331 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 66 homes were sold in 30331; 50% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.